Study On The Dynamic Relationship Between Economy And Export Growth

After the global financial crisis in 2008,the economic development of all countries or regions around the world has been obviously impacted and affected,among which the decline in international trade growth has been more pronounced.On a global scale,economic growth and trade growth are in sync with varying degrees of volatility,which has attracted more and more attention from governments and economic circles.For a long time,there has been an ELG hypothesis and GLE hypothesis.Under this new economy background,exploring and analyzing the long-term dynamic relations between economic growth and trade growth levels not only helps to explain the effect and influence of economic growth rate on trade growth rate,but also makes a good analysis and prediction of the changes in the trade level brought about by the significant fluctuation of the economy.Based on a large number of domestic and foreign research achievements,this paper through the theory and empirical methods examines in multiple directions the internal changes relationship between economic growth and trade growth and the difference between country and time.Firstly,this paper constructs a theoretical analysis system which can explain the relationship between economic growth and export trade growth by introducing the impact into the traditional trade gravity model.Secondly,by building the rolling measurement test model and analyzing correlation of economic growth with export trade growth in different time periods,this paper effectively observes the dynamic characteristics of the relationship between economic growth and trade growth.Thirdly,by using multiple samples and multiple indicators empirical analysis method,this paper highlights the country and time characteristics of the relationship between economic growth and trade growth.This paper not only analyses the relationship between economic and export trade growth in different countries at different stages,but also combines several indicators to analyze the differences in the degree of export trade changes caused by the impact of different developing countries.